15 August 2017

NOTICE OF CHANGE IN SUBSTANTIAL SHAREHOLDINGS

African Energy Resources advises that First Quantum Minerals (Australia) Pty Ltd has changed its relevant interest in the Company.

Class

Previous Notice

Present Notice

Date

Votes

Voting Power

Votes

Voting Power

First Quantum Minerals (Australia) Pty Ltd

CDI

2‐Dec‐2014

69,000,000

11.19%

86,692,308

13.83%

Please note: "Substantial Shareholding" is defined for the purpose of this document, under Section 671B of the Corporations Act 2001 and ASX Listing Rules, as a relevant interest of not less than 5% of the total votes attached to the voting shares in the Company.

For any further information, please refer to the Company's website or contact the Company directly on +61 8 6465 5500.

For and on Behalf of the Board

African Energy Resources Limited published this content on 15 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 15 August 2017 04:41:07 UTC.

Original documenthttp://africanenergyresources.com/media/articles/ASX-Announcements/20170815-Change-in-substantial-holding-585/2017-08-15-change-in-substantial-shareholding.pdf

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